The American financier Anthony Scaramucci believes that bitcoin is a monetary standard that could one day become a global reserve currency. He explained the volatile nature of the digital asset with the fact that it is still in its early adoption days.
BTC Is Effective as a Monetary Network
During an interview with Natalie Brunell, the Founder and Managing Partner of SkyBridge Capital – Anthony Scaramucci – shared his stance on bitcoin’s merits and its future development.
The top executive scratched the topic of BTC’s volatility, saying that this is something normal for a relatively new asset class and compared it to Amazon. SkyBridge Capital’s CEO reminded that the e-commerce giant is now one of the leading companies, hinting that the primary cryptocurrency is also heading towards that direction:
“Bitcoin is volatile because it is in its early adoption stage. Amazon had the same volatile curve 24 years ago. But if you have put $10,000 on Amazon at its IPO, you would have $
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